Financial experts and studies say that the gender pay gap is not disappearing -- women continue to earn less than men and are less likely to save for retirement. In addition, the Great Recession has forced many women back into the job market at a time they thought they would be enjoying retirement.
"Many older women are frightened," says Heidi Hartmann, president of the Institute for Women's Policy Research. "They just never thought that they could be in their 50s or early 60s and not have a job. They have seen their savings, their home value and their retirement all decline because they've had to use it to live. And they don't know how to rebuild it." Read more >>
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